What annual rate of return did this coin return for lucky

Assignment Help Financial Management

Reference no: EM131912869

Assume that in 2002, a gold dollar minted in 1884 sold for $134864. For this to have been true, what annual rate of return did this coin return for the lucky numismatist?

(Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

Reference no: EM131912869

Questions Cloud

Prepare flexible budget analysis : Prepare flexible budget analysis with 5 valued columns of Base (Plan or Budget). What is the Breakeven # of units for the Base show computations.

What is the proper tax treatment of the mary received : What is the proper tax treatment of the $8,700 Mary received from the insurance company in 2016? Mary should include as income in 2016 the amount of $?

What is the npv of the project : The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides.

Discuss one or more safeguards the company could build : Discuss one or more safeguards the company could build into its system to ensure the ethical treatment of employees.

What annual rate of return did this coin return for lucky : For this to have been true, what annual rate of return did this coin return for the lucky numismatist?

Explain what is meant by the term investment portfolio : Explain what is meant by the term investment portfolio. Advise Mary on whether the financial planner's advice is sound. Provide reasons for your advice.

What documentation must be issued before anyone can move in : When an area was rezoned as residential, a store was grandfathered in and allowed to continue business. This is an example of

What amount of loss may gray corporation recognize : Mary and Jane, unrelated taxpayers, hold Gray Corporation's stock equally. What amount of loss may Gray Corporation recognize on distribution of land to Jane?

Conduct an appropriate hypothesis test using : Conduct an appropriate hypothesis test using (i) the p-value method and (ii) the rejection point method.

User Account

All Pages